$1,750,000
Dalton Gardens, ID 83815
MLS# 22-940
5700 sqft
1 / 11
Property Description
SELLER FINANCING!! PARTIALLY DEVELOPED 2.34 ACRE COMMERCIAL LOT ON GOVERNMENT WAY WITH APPROXIMATELY 165 FEET OF FRONTAGE ON GOVERNMENT WAY. THE FRONT PORTION OF APPROXIMATELY ONE ACRE IS IMPROVED WITH A SEVEN UNIT OFFICE BUILDING, SHOP, SMALL HOME AND STORAGE SHED. THE CAP RATE IS 5.94% ON CURRENT NET INCOME FROM FRONT PORTION OF PROPERTY. THE REMAINING VACANT LAND OF APPROX. 60,000 SQ FT IS VALUED AT $10.00/SQ FT AND OFFERS MANY VIABLE DEVELOPMENT POSSIBILITIES – STORAGE UNITS, MULTI-TENANT WAREHOUSES, BOAT & RV STORAGE, OFFICE OR RETAIL OR ???. PROPERTY IS CURRENTLY ON SEPTIC – SEWER LID FEE HAS BEEN PAID. SELLER WILL CARRY $600,000. (TERMS TBD) FOR ONE YEAR OR UNTIL BUYER SECURES A BUILDING PERMIT, WHICHEVER OCCURS FIRST.
Details
Maps
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 115
Begin Date: 2022-02-15
List Price: $1,750,000
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
General Property Description
Building Style: Office Building
Basement: No
Year Built: 1983
Remodeled: Yes
Year of Remodel: 2015
New Construction: No
Total #/Bldgs: 4
Total SqFt.: 5700
Bldg #2 Sq Ft: 2000
ESTIMATED SqFt Source: Estimated
Lot Acres: 2.34
Lot Type 1: Commercial
Business Type: Retail
Realtor.COM Type: Commercial
Legal and Taxes
Legal: DALTON GARDENS ADD HL IRR LANDS, S2-TR 300 EX RW Section 36 Township 51N Range 04W
AIN/Tax Bill: 123787
Parcel Number: D140036300AB
Zoning: C
Directions: N Gov Way Between Dalton and Hanley
Taxes: 5421
Tax Year: 2020
Taxes Reflect 1: No Exemptions
Remarks
Public Remarks: SELLER FINANCING!! PARTIALLY DEVELOPED 2.34 ACRE COMMERCIAL LOT ON GOVERNMENT WAY WITH APPROXIMATELY 165 FEET OF FRONTAGE ON GOVERNMENT WAY. THE FRONT PORTION OF APPROXIMATELY ONE ACRE IS IMPROVED WITH A SEVEN UNIT OFFICE BUILDING, SHOP, SMALL HOME AND STORAGE SHED. THE CAP RATE IS 5.94% ON CURRENT NET INCOME FROM FRONT PORTION OF PROPERTY. THE REMAINING VACANT LAND OF APPROX. 60,000 SQ FT IS VALUED AT $10.00/SQ FT AND OFFERS MANY VIABLE DEVELOPMENT POSSIBILITIES – STORAGE UNITS, MULTI-TENANT WAREHOUSES, BOAT & RV STORAGE, OFFICE OR RETAIL OR ???. PROPERTY IS CURRENTLY ON SEPTIC – SEWER LID FEE HAS BEEN PAID. SELLER WILL CARRY $600,000. (TERMS TBD) FOR ONE YEAR OR UNTIL BUYER SECURES A BUILDING PERMIT, WHICHEVER OCCURS FIRST.
Address
Street Number: 5920
Street Direction Pfx: N
Street Name: GOVERNMENT
Street Suffix: WAY
State/Province: ID
Postal Code: 83815
County: Kootenai
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 36
Twn: 51
Rng: 04
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: N/A
Property Features
Lot Features: Level; Open
Interior Features: Cable TV; Handicap Facility; Hardwood Floors; High Speed Internet; Mini-Split A/C; Phone Prewired
Exterior Features: Curbs; Fencing - Full; Handicap Access; Landscaping; Lawn; Lighting; Paved Parking; Sidewalks; Sprinkler System
Common Walls: No Common Walls
Fuel: Electric
Heating: Baseboard
Other Structures: Barn(s); Shed
Basement: None-Slab on Grade
Construction: Block
Foundation: Concrete
Exterior: Cement Block
Roof: Comp Shingle
Road: Paved
Sewer: Septic System
Terms Considered: 1031 Exchange; Cash; Conventional; Seller Financing
Warning: count(): Parameter must be an array or an object that implements Countable in /home/realte7/public_html/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 634
Listing Office: Select Properties/Associated Brokers
Last Updated: January - 17 - 2023
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Tuesday 7th of February 2023 11:42 AM